What A Residential Appraiser Does When Appraising Your Home

Your property taxes are based on the value of your house. If you'd like to reduce your property taxes, one way is to hire a residential appraisal provider—such as Buck Appraisal Services. This professional might determine that your home is actually worth less and your taxes will then be lower. There are several things that a residential appraisal provider looks for.

Market Research

Before looking at your home, the appraiser will do detailed research of the market to determine how much houses sell for. The location of your home plays an important role in how much it will sell for. Some neighborhoods are considered to be more valuable than others.

A Home Walk-Through

The home appraiser will examine your home to determine how much it is worth. They will look at the condition of your home, the square footage of your home, how many rooms your home has, and whether it has any amenities such as a tennis court.

They will not inspect individual components of your home to make sure that they function properly as a home inspector would, but they will perform a walk-through and will examine the surface-level condition of your home. For example, they will check to see if there is any wear and tear on your appliances.

Health and Safety Concerns

They will make note of any health or safety concerns. They will make note of whether your home looks like it will need repairs done. They will check for any warning signs of pest infestation, mold, or mildew.

Verifying the Square Footage and Livability of Your Home

Livability also affects the value of a home. A home should be move-in ready, comfortable, should be in compliance with building codes, and should be safe. The appraiser will confirm the square footage of your home and the number of bedrooms. They will also determine if the home is a single-family dwelling. 

An Examination of the Exterior of Your Home

They will also walk the entire length of your property and will examine the exterior of your home. For example, they will look at the gutters and siding. One concern is whether your home conforms with the other homes in the neighborhood.

The Home Appraisal

After the residential appraiser has finished their research, they will give their opinion of the value of your home. Then, you will be able to use the appraisal for any purpose whether you're selling your home or reducing your property taxes.

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